FastTrack360 Version 12 Online Help

Payee Rolled-up Holiday Rate

Owned by Max Ciereszko
Last updated: 30 April 2024 by Fiona Sims
2 min read

Description

The Payroll > Payee > Payee Entry screen has been enhanced to allow a rolled-up holiday payment rate to be captured against payees who are eligible to receive such payments in lieu of taking paid annual holidays. To facilitate this, a new section has been added under the Payee Details section of the Payee Entry screen, as highlighted in the example below.

By default, the new section is labelled Rolled-Up Holiday Pay but the label can be changed via a country hierarchy setting. For more information, see Rolled-up Holiday Pay Batch Stage | Configuration.

Benefits

This enhancement supports the ability to pay rolled-up holiday payments to a payee at a rate that is specific to the payee.

For more information about rolled-up holiday payments, see Rolled-up Holiday Pay Batch Stage.

Configuration

A rolled-up holiday payment rate need only be configured against a payee if all the following conditions apply:

  • the payee is eligible to receive rolled-up holiday payments

  • the rate at which the rolled-up holiday payments are made is specific to the payee

  • the rolled-up holiday payment maintenance settings, as configured under Payroll > Maintenance PAYG Leave/Rolled-up Holiday, have been configured to apply the rate at the Payee level as opposed to the Country level.

If the rolled-up holiday payment maintenance settings have been configured to apply a rate at the Payee level but no rate is defined against the payee, the default rate that is defined in the maintenance settings will be applied instead. For more information, see Rolled-up Holiday Pay Batch Stage | Configuration.

To define a rolled-up holiday payment rate against a payee, key the rate in the Percentage field under Payroll > Payee > Payee Entry > Payee Details > Rolled-Up-Holiday Pay.

The Percentage field is locked down (display-only) once the corresponding payee validity period has been used to pay the payee. Therefore, you may need to add a new validity period if you want to add or edit the value in the Percentage field.

 

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